PropKaki
FreeholdCCRDistrict 9 (Novena)

The Atelier

Reviewed by Nathan TangUpdated 20 June 2026Data through Mar 2026 (URA)
Quick Summary

The Atelier is a freehold apartment in District 9 (Novena) that obtained TOP in 2024, with 120 units across 1 block. Units have recently transacted around S$2.20M (S$2,715 psf), from 123 sales on record.

1

What are the key facts about The Atelier?

Key Takeaway

The Atelier is a freehold apartment in District 9 (Novena) that obtained TOP in 2024, with 120 units across 1 block.

Tenure
Freehold
TOP / Completion
2024
Developer
BUKIT SEMBAWANG LAND PTE LTD
Total units
120
Blocks
1
District / Area
District 9 (Novena)
Market segment
CCR
Median PSF
S$2,715 psf
Last transacted
Mar 2026
Remaining lease
Freehold
2

What is the price and PSF at The Atelier?

Key Takeaway

Units have recently transacted around S$2.20M (S$2,715 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$2.20M

recent · 123 sales on record

Median PSF

S$2,715 psf

recent transactions

Median rent (monthly)

S$5,257

79 rentals on record

Gross rental yield

2.9%

indicative, gross

Source: URA caveat data, through Mar 2026.

3

What has recently sold at The Atelier?

Key Takeaway

The Atelier has 123 recorded sales; the most recent transacted at S$2,450,000 in Mar 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Mar 2026S$2,450,000915S$2,678 psf
Feb 2026S$2,200,000872S$2,523 psf
Dec 2025S$3,480,0001,173S$2,966 psf
Aug 2023S$1,498,000549S$2,729 psf
Jul 2023S$1,528,000549S$2,783 psf
Jul 2023S$1,538,000549S$2,802 psf
Jul 2023S$1,508,000549S$2,747 psf
Jul 2023S$1,490,580549S$2,715 psf
Jul 2023S$3,341,5201,281S$2,609 psf
Jun 2023S$3,177,7751,281S$2,481 psf
Jun 2023S$3,980,0001,496S$2,660 psf
Jun 2023S$4,250,0001,496S$2,841 psf

123 sales and 79 rentals on record since Mar 2021. Source: URA.

4

Where is The Atelier and what's nearby?

Key Takeaway

The Atelier is located in Novena, in the Central Region of Singapore.

The Atelier is a freehold apartment completed in 2024. It was developed by BUKIT SEMBAWANG LAND PTE LTD. The development has 120 residential units. It sits on a land area of 3,863 sqm and has a gross floor area of 10,817 sqm. The plot ratio is 2.8.

THE ATELIER is located at 2 Makeway Avenue, Singapore 228599. It is part of District 09, Orchard / Cairnhill / River Valley, Novena. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Newton MRT, approximately 445m away, around 7 minutes on foot. Nearby amenities include United Square for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Newton Food Centre for food options, and Hooper Rd Pg for greenery and recreation. Facilities in the development include Car Park, Clubhouse, Community Garden, Fitness corner, Lap pool, and 24 hours security.

5

How far is The Atelier from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Atelier is Newton MRT, about 445 m away (~7 min walk). 4 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Anglo-Chinese School (Junior)Primary schoolwithin 1 km · P1 priority397 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority703 m
  • Anglo-Chinese School (Primary)Primary schoolwithin 1 km · P1 priority901 m
  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km988 m
  • Farrer Park Primary SchoolPrimary school1.0 km
  • St. Margaret's School (Primary)Primary school1.1 km
  • Catholic Junior CollegeJunior college1.5 km
  • School Of The Arts, SingaporeMixed-level school1.7 km

Shops, food & parks

Mall: United Square · 532 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 532 mHawker centre: Newton Food Centre · 245 mPark: Hooper Rd Pg · 190 m

Straight-line distances from the development. Source: PropKaki amenities data.

6

What facilities does The Atelier have?

Key Takeaway

The Atelier has 8 facilities, including Car Park, Clubhouse, Community Garden, Fitness corner, and more.

Car ParkClubhouseCommunity GardenFitness cornerLap pool24 hours securitySteam bathSwimming pool
7

What does it cost to own a unit at The Atelier?

Key Takeaway

Buying a unit at The Atelier (~S$2.20M) needs about S$16,105/mo in income and S$7,409/mo in repayments, after S$79,600 stamp duty and a S$550k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.20M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$79,600

BSD, tiered

Downpayment (25%)

S$550k

cash + CPF

Monthly instalment

S$7,409/mo

30y @ 3.5%

Income required

S$16,105/mo

TDSR @ stress rate

8

Frequently asked questions about The Atelier

What is the price at The Atelier?

Units at The Atelier have recently transacted around S$2.20M (S$2,715 psf), from 123 sales on record (URA caveat data).

Is The Atelier freehold or leasehold?

The Atelier is freehold.

When was The Atelier built?

The Atelier obtained TOP in 2024, developed by BUKIT SEMBAWANG LAND PTE LTD.

What is the rental yield at The Atelier?

Gross rental yield at The Atelier is about 2.9%, based on median current rents and prices.

How many units are in The Atelier?

The Atelier has 120 units across 1 block.

What facilities does The Atelier have?

The Atelier has 8 facilities, including Car Park, Clubhouse, Community Garden, Fitness corner, Lap pool, 24 hours security, and more.

What is the nearest MRT to The Atelier?

The nearest MRT/LRT station to The Atelier is Newton MRT, about 445 m away (~7 min walk).

Which primary schools are within 1 km of The Atelier?

Anglo-Chinese School (Junior), St. Joseph's Institution Junior, Anglo-Chinese School (Primary) are within 1 km of The Atelier — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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